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Christopher Langdell a law professor who teaches non tax courses acquired a number of different assets during the current year what is the professor's Basis

Christopher Langdell a law professor who teaches non tax courses acquired a number of different assets during the current year what is the professor\'s Basis for his car?
The professor purchased the car on Craigslist for $30,000 except that he put down $5,000 dollars in CASH and took out a loan from a Bank for $25,000 to buy the car.

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